Explainer: Why Asia’s Biggest Economies Are Backing Hydrogen Fuel Cell Cars

www.oann.com | 10/13/2016 | Staff
nallynally (Posted by) Level 4
TOKYO (Reuters) – China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars.

But to date, hydrogen fuel cell vehicles (FCVs) have been upstaged by electric vehicles, which are increasingly becoming a mainstream option due to the success of Tesla Inc’s luxury cars as well as sales and production quotas set by China.

Critics - FCVs - Niche - Technology - Proponents

Critics argue FCVs may never amount to more than a niche technology. But proponents counter hydrogen is the cleanest energy source for autos available and that with time and more refueling infrastructure, it will gain acceptance.

China, far and away the world’s biggest auto market with some 28 million vehicles sold annually, is aiming for more than 1 million FCVs in service by 2030. That compares with just 1,500 or so now, most of which are buses.

Japan - Market - Vehicles - FCVs - Time

Japan, a market of more than 5 million vehicles annually, wants to have 800,000 FCVs sold by that time from around 3,400 currently.

South Korea, which has a car market just one third the size of Japan, has set a target of 850,000 vehicles on the road by 2030. But as of end-2018, fewer than 900 have been sold.

HYDROGEN

WHY HYDROGEN?

Hydrogen’s proponents point to how clean it is as an energy source as water and heat are the only byproducts and how it can be made from a number of sources, including methane, coal, water, even garbage. Resource-poor Japan sees hydrogen as a way to greater energy security.

Ranges - Times - FCVs - Cars - EVs

They also argue that driving ranges and refueling times for FCVs are comparable to gasoline cars, whereas EVs require hours to recharge and provide only a few hundred kilometers of range.

Many backers in China and Japan see FCVs as complementing EVs rather than replacing them. In general,...
(Excerpt) Read more at: www.oann.com
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